Introduction To Blockchain
Introduction To Blockchain " Understanding the bare-bones of the decentralized realm" Topics: What is Blockchain. Why do we need it in today's world. Peer-To-Peer networks (P2P) Importance of Verification and Transparency Hi, My name is Mubashir Ali Baig and this is my multi part series of understanding what blockchain is all about and what are some of the most important aspects that differentiate a decentralized network from the conventional centralized networks. I'll try my best to explain the above mentioned topics without going deep into the technical jargon. What is Blockchain: By the standard definition: " A blockchain or "block chain" is a growing list of records in the form of virtual blocks . " These blocks are linked together using some unique encrypted pointers called hashes. To simply put, it resembles to the linked list data structure in which each node points to the next node using a pointer address which in the case of blockchai...